posted by
fx360
1393 days ago
in USD, JPY, AUD
made popular 1393 days ago
If there is one word to describe the price action in the currency markets today, it would be hesitancy. Although the U.S. dollar traded lower against most of the major currencies, its losses are nominal. After selling off to near year to date lows against many of the major currencies, short dollar positions have hit extreme levels.